1. Beyond Mandates, Does Green Pave the Way? Marlene Santos Vice President, Customer Service Florida Power & Light Company October 17, 2009

2. 2 FPL Group is a premier U.S. power company Our commitment to clean energy has helped to fuel our profitable growth $22.3 B market capitalization 39,015 MW in operation $16.4 B operating revenues $44.8 B in total assets Successful wholesale generator U.S. leader in renewable generation Assets in 25 states and Canada 16,928 MW in operation $4.6 B in operating revenues $17.2 B in total assets NextEra Energy Resources Florida Power & Light One of the largest U.S. electric utilities Vertically integrated, retail rate-regulated 4.5 MM customer accounts 22,087 MW in operation $11.6 B in operating revenues $26.2 B in total assets FPL Group Market Capitalization as of September 10, 2009 Operating Revenues for the year ended December 31, 2008 All other data as of December 31, 2008

3. 3 3 FPL Group and its subsidiaries have a history of clean energy leadership and responsible practices For Leadership in Sustainability and Environmental Responsiveness For Promoting Best Practices in the Energy Industry

4. 4 4 We’re committed to clean energy generation and bullish on ‘green’ 68% of U.S. adults believe the effects of global warming will be manifest at some point in their lifetimes 38% feel climate change will pose a serious threat in their lifetimes (2009 Gallup Poll) 87% of consumers feel it is their duty to contribute to a better society and the environment (Edelman Public Relations, 2008) 63% of consumers report admiring companies tackling climate change. (The Climate Group) 71% feel it important to purchase eco-friendly products (PriceGrabber) ‘Green’ has become mainstream – and represents great opportunity for forward-thinking businesses

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6. 6 Commercial Segment: Partnership Focus Key Services: Consulting services providing multi-year plans Delivery of turn-key energy & water conservation Natural gas supply services in limited markets Residential Segment: Life-time Value Focus Key Services: Connect services Insurance and service warranty Surge protection FPL Energy Services offers a range of residential and commercial services

7. 7 Services Lighting redesign and/or retrofits HVAC and mechanical systems Water conservation Building envelope upgrades Water and waste water treatment facility upgrades Renewable energy Back-up generation and power quality solutions Controls Our performance contracting service guarantees that customers will achieve their conservation and cost-saving goals

8. 8 Triple Benefits from Performance Contracting SOCIAL ECONOMIC ENVIRONMENTAL Reduces related operating expenses Self-funding paying for debt service out of savings Improves the bottom line Stimulates the economy and creates jobs Promotes sustainability stewardship Improves energy efficiency goal performance Reduces GHG and carbon footprint

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12. 12 Involved in wind energy since 1989 Committed to major expansion in 1999 Approximately 25% of U.S. installed base Expect to add 6,000-8,000 MW through 2012 NextEra Energy Resources is # 2 globally in MW installed 34% CAGR NextEra Energy Resources’ growth has been fueled by its clean generation strategy

13. 13 Sources: AWEA & EER as of Dec 2008 NextEra Energy Resources is the leader in U.S. owned wind energy plants Top U.S. Wind Owners MW We are larger than our next three competitors combined 6,290 1,994 1,983 1,873 1,205

14. 14 NextEra Energy Resources is also the largest solar energy producer in the U.S. U.S. Rankings – Solar Power (1) (1)Emerging Energy Research, Global Concentrated solar power ownership and developer rankings (2)NextEra Energy Resources operates an additional 162 MW which it doesn’t own. Amount includes 110 MW under construction at FPL. Total in operation and under construction is 420 MW. (2) MW 258 FPL NextEra Energy Resources

15. 15 Wind Hydro Fossil Solar Nuclear NextEra Energy Resources is favorably positioned to capture the effects of potential renewable energy legislation in the U.S. NextEra Energy Resources Generation Portfolio State Renewable Portfolio Standard State Renewable Portfolio Goal 2008: 16,928 MW As of December 31, 2008

16. 16 The EarthEra Renewable Energy Trust shifts the focus from RECs and Offsets to building a better future Your company purchases/sells EarthEra Environmental Products A clean energy future 100% of Trust Funds Your Business… Receives Environmental Benefits Communicates your values to your consumers Builds a Clean Energy Future Create a greater consumer connection to your brand – one of shared values 100% of funds build new renewable energy projects. All administrative expenses, salaries, and marketing costs for EarthEra are covered by NextEra Energy New renewable projects built by NextEra Energy Resources 100% of funds are directed to the EarthEra Renewable Energy Trust

17. 17 To date over $20 million has been committed to the EarthEra Renewable Energy Trust